FAIN FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- FAIN FOUNDATION (EIN 75-6016679)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-06-30
- IRS object ID
- 202601819349100710
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-06-30T11:13:27-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750706311 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Freemon Shapard & Story | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 807 8th Street 2nd Floor | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763013381 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756016679 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Fain Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAIN | BusinessNameControlTxt |
| Phone | 9403224436 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 807 8th Street 2nd Floor | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 763013381 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Martha Fain | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9403224436 | PhoneNum |
| Signature | 2026-06-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mac Cannedy | PreparerPersonNm |
| PTIN | P00123468 | PTIN |
| Phone | 9403224436 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,988,783 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $303,487 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $303,487 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $909,306 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,285,112 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $909,306 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $6,374 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,374 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,219,167 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,219,167 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $150,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $75,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $43,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $26,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $26,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $48,492 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $48,492 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,346 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,535 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $581 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $581 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $260,419 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $153,608 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $101,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,400,867 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,400,867 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,661,286 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $153,608 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,501,867 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$442,119 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,065,559 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $155,688 | CashBOYAmt |
| Cash EOY | $155,688 | CashEOYAmt |
| Cash EOYFMV | $155,688 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $918,223 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $503,100 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $503,100 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $1,059 | AcctRcvblBOYAmt |
| Prepaid Expenses EOY | $10,090 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $10,090 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $3,061,732 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,374,866 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,168,674 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,581,993 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,229,113 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,151,231 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $7,718,695 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,272,857 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,988,783 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,659 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $2,659 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $10,565,258 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $10,565,258 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$2,849,222 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$3,292,401 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,716,036 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,272,857 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,718,695 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,272,857 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,716,036 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$442,119 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,273,917 | SubtotalAmt |
| Other Decreases | $1,060 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,272,857 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Publicly Traded Securities | P | $419,926 | $465,885 | -$45,959 | -$45,959 |
| Publicly Traded Securities | P | $3,865,186 | $2,909,921 | $955,265 | $955,265 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $909,306 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,811 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,811 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,811 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,901 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,901 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,090 | OverpaymentAmt |
| Applied To ES Tax | $10,090 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Freemon Shapard Story | IndividualWithBooksNm |
| Phone | 9403224436 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 807 8th St 2nd Floor | AddressLine1Txt |
| City | Wichita Falls | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Martha Fain | ||||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | President, Treasurer & Director | 2.00 | $30,000 | $0 | $0 |
| Mac W Cannedy Jr | ||||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | Vice-President, Sec. & Director | 2.00 | $30,000 | $0 | $0 |
| Dennis D Cannedy | ||||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | Director | 2.00 | $30,000 | $0 | $0 |
| Ann Kelly | ||||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | Director | 2.00 | $30,000 | $0 | $0 |
| John M Kelly | ||||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | Director | 2.00 | $30,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,889,830 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $560,321 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,609 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,459,760 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,459,760 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $186,896 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,272,864 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $613,643 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $613,643 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,811 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,811 | TotalTaxAmt |
| Distributable Before Adj | $598,832 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $598,832 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $598,832 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,501,867 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,501,867 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $598,832 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $863,598 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $839,514 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $853,901 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,712,186 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,269,199 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,501,867 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $598,832 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $903,035 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,172,234 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $863,598 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,308,636 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $839,514 | ExcessFromYear4Amt |
| Excess From Year2 | $853,901 | ExcessFromYear2Amt |
| Excess From Year1 | $1,712,186 | ExcessFromYear1Amt |
| Excess From Current Year | $903,035 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Martha Fain | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (85 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| All Hands Cultural Comnty Ctr | ||||||
| 302 Tulsa Street | Wichita Falls | TX | 76301 | PC | Virtual Instruction | $15,000 |
| Alzheimer's Association | ||||||
| 901 Indiana Ave Suite 350 | Wichita Falls | TX | 76301 | PC | Memory Walk | $7,500 |
| American Red Cross | ||||||
| 1808 5th St | Wichita Falls | TX | 76301 | PC | Operating Budget | $5,000 |
| Archer County Museum & Art Center | ||||||
| 203 E Pecan St | Archer City | TX | 76351 | PC | Purchase Booked up | $10,000 |
| Art's Council Wichita Falls Area Kemp Center for the Arts | ||||||
| 1300 Lamar Street | Wichita Falls | TX | 76301 | PC | Sculpture Garden | $50,000 |
| Band Orchestra Parents Association Wichita Falls | ||||||
| PO Box 4692 | Wichita Falls | TX | 76308 | PC | Band Trip | $10,000 |
| Beacon Lighthouse Inc | ||||||
| 300 Seventh Street | Wichita Falls | TX | 76301 | PC | Equipment | $10,000 |
| Big Brothers Big Sisters | ||||||
| 449 E John Carpenter Fwy | Irving | TX | 75062 | PC | Operating Budget | $15,000 |
| Big Brothers Big Sisters | ||||||
| 450 E John Carpenter Fwy | Irving | TX | 75062 | PC | Dancing For the Stars | $20,000 |
| Boys & Girls Clubs of Burkburnett | ||||||
| PO Box 2 | Burkburnett | TX | 76354 | PC | Summer Camp | $10,000 |
| Boys Scouts of America NW TX Council | ||||||
| 3604 Maplewood Ave | Wichita Falls | TX | 76308 | PC | Camp Perkins | $12,000 |
| Burkburnett Blacksox | ||||||
| PO Box 606 | Burkburnett | TX | 76354 | PC | Flooring | $10,000 |
| Camp Fire North Texas | ||||||
| 2414 Ninth St | Wichita Falls | TX | 76301 | PC | Operating Budget | $50,000 |
| Catholic Charities Fort Worth | ||||||
| PO Box 15610 | Fort Worth | TX | 76119 | PC | Educational Navigation | $5,000 |
| Chesterson Academy | ||||||
| 1411 9th St | Wichita Falls | TX | 76301 | PC | Capital Campaign | $10,000 |
| Child Advocates - CASA of Red River | ||||||
| 808 Austin St | Wichita Falls | TX | 76301 | PC | Operating Budget | $10,000 |
| Child Care Partners | ||||||
| 119 E Wichita St | Wichita Falls | TX | 76306 | PC | Operating Budget | $10,000 |
| Chisholm Trail Heritage Center | ||||||
| 2150 Chisholm Trail Parkway | Duncan | OK | 73533 | PC | Educational Programming | $5,000 |
| Christ Counseling Ministry | ||||||
| 1420 Twin Oaks St | Wichita Falls | TX | 76302 | PC | Operating Budget | $20,000 |
| Christmas in Action | ||||||
| PO Box 8464 | Wichita Falls | TX | 76307 | PC | Operating Budget | $7,500 |
| Clay County Animal Shelter | ||||||
| PO Box 274 | Henrietta | TX | 76365 | PC | Operating Budget | $10,000 |
| Country Club Neighbors Association | ||||||
| 2106 Clarinda | Wichita Falls | TX | 76308 | PC | Fountain | $10,000 |
| Downtown Wichita Falls Development Inc | ||||||
| 709 Indiana Ave | Wichita Falls | TX | 76301 | PC | Operating Budget | $25,000 |
| Faith MissionFaith Refuge | ||||||
| 710 Hatton Rd | Wichita Falls | TX | 76302 | PC | Operating Budget | $15,000 |
| Fellowship of Christian Athletes | ||||||
| 3502 McNiel | Wichita Falls | TX | 76308 | PC | Operating Budget | $10,000 |
| First Step | ||||||
| 624 Indiana Avenue | Wichita Falls | TX | 76301 | PC | Repairs | $10,000 |
| Friendly Door Senior Center | ||||||
| 810 N 3rd St | Iowa Park | TX | 76367 | PC | Freezer | $10,000 |
| Hands to Hands Community Fund | ||||||
| PO Box 4641 | Wichita Falls | TX | 76308 | PC | Community Fund | $20,000 |
| Holliday Educational Foundation | ||||||
| PO Box 688 | Holliday | TX | 76366 | PC | Operating Budget | $10,000 |
| Home For Freedom | ||||||
| 2000 Granada Dr | Wichita Falls | TX | 76308 | PC | Tiny Homes | $10,000 |
| Impact 100 | ||||||
| PO Box 9357 | Wichita Falls | TX | 76308 | PC | Operating Budget | $5,000 |
| Inheritance Adoptions | ||||||
| 1007 11th St | Wichita Falls | TX | 76301 | PC | Operating Budget | $10,000 |
| Interfaith Outreach Services | ||||||
| 1101 11th Street | Wichita Falls | TX | 76301 | PC | Prescription Project | $5,000 |
| Interfaith Outreach Services | ||||||
| 1101 11th Street | Wichita Falls | TX | 76301 | PC | Oh! Christmas Tree | $2,500 |
| Junior League of Wichita Falls | ||||||
| 2302 Midwestern Pkwy | Wichita Falls | TX | 76308 | PC | Community Plan | $5,000 |
| Junior League of Wichita Falls | ||||||
| 2302 Midwestern Pkwy | Wichita Falls | TX | 76308 | PC | Community Plan | $5,000 |
| Leadership Wichita Falls | ||||||
| PO Box 8344 | Wichita Falls | TX | 76307 | PC | Operating Budget | $2,500 |
| KMOC Texhoma | ||||||
| 1040 W Wenonah Blvd | Wichita Falls | TX | 76307 | PC | Vehicle | $5,000 |
| Midwestern State University | ||||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | PC | Nonprofit Center | $13,500 |
| Midwestern State University | ||||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | PC | Nature of Philanthropy | $5,000 |
| Midwestern State University | ||||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | PC | Cafe Con Leche | $12,000 |
| Midwestern State University | ||||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | PC | Museum | $18,000 |
| Midwestern State University | ||||||
| 3410 Taft Blvd | Wichita Falls | TX | 76308 | PC | Military Scholarship | $50,000 |
| Miss Fannie's Friends | ||||||
| PO Box 9021 | Wichita Falls | TX | 76308 | PC | Animal Rehabilitation | $5,000 |
| Museum of North Texas History | ||||||
| 720 Indiana | Wichita Falls | TX | 76307 | PC | Exhibit | $10,000 |
| New Horizons | ||||||
| 147 Sayles Blvd | Abilene | TX | 79605 | PC | Therapeutic Treatment | $7,500 |
| North Texas Area United Way | ||||||
| 3401 B Armory Rd | Wichita Falls | TX | 76302 | PC | Programs | $5,000 |
| North Texas Area United Way | ||||||
| 3401 B Armory Rd | Wichita Falls | TX | 76302 | PC | Programs | $5,000 |
| North Texas Pantry | ||||||
| 903 Tyler St | Wichita Falls | TX | 76301 | PC | Operating Budget | $2,500 |
| North Texas Rehab Center | ||||||
| 1005 Midwestern Parkway East | Wichita Falls | TX | 76302 | PC | Rehab Auction | $5,000 |
| Patsy's House | ||||||
| 1411 10th St | Wichita Falls | TX | 76301 | PC | Capital Improvements | $5,000 |
| PETS Clinic | ||||||
| 3001 Central E Fwy | Wichita Falls | TX | 76306 | PC | Operating Budget | $10,000 |
| Peyton's Project | ||||||
| PO Box 906 | Wichita Falls | TX | 76307 | PC | Spurs & Pearls Event Sponsor | $30,000 |
| Pregnancy Help Center | ||||||
| 4011 Seymour Hwy | Wichita Falls | TX | 76309 | PC | Operating Budget | $10,000 |
| Presbyterian Children's Home | ||||||
| 5920 W William Cannon Dr | Austin | TX | 78749 | PC | Foster Care - Wichita Falls | $10,000 |
| Project Transformation | ||||||
| 4024 Caruth Blvd | Dallas | TX | 75225 | PC | Reading with Friends | $2,500 |
| Rathgeber Hospitality House | ||||||
| 1615 Twelfth Street | Wichita Falls | TX | 76301 | PC | Operating Budget | $20,000 |
| Red River Valley Museum | ||||||
| 4600 College Drive | Vernon | TX | 76385 | PC | Operating Budget | $5,000 |
| River Bend Nature Center | ||||||
| 2200 3rd Street | Wichita Falls | TX | 76301 | PC | Operating Budget | $10,000 |
| River Bend Nature Center | ||||||
| 2200 3rd Street | Wichita Falls | TX | 76301 | PC | Electric Critters | $5,000 |
| Senior Citizens Center of Wichita Falls | ||||||
| 1008 Burnett St | Wichita Falls | TX | 76301 | PC | Meals on Wheels | $25,000 |
| Smart Athletics - Titus Outreach | ||||||
| 598-500 Tulsa St | Wichita Falls | TX | 76301 | PC | Operating Budget | $25,000 |
| Sober Living Inc | ||||||
| 706 Denver St | Wichita Falls | TX | 76301 | PC | Scholarships | $5,000 |
| Southern Grit Advocacy | ||||||
| PO Box 4827 | Wichita Falls | TX | 76308 | PC | Operating Budget | $10,000 |
| Straight Street | ||||||
| PO Box 1684 | Wichita Falls | TX | 76307 | PC | App Development | $10,000 |
| Texas Family Initiative | ||||||
| 308 Mississippi Ave | Wichita Falls | TX | 76301 | PC | Operating Budget | $7,500 |
| Texoma Alliance to Stop Abuse | ||||||
| PO Box 593 | Vernon | TX | 76385 | PC | Operating Budget | $5,000 |
| The Arc | ||||||
| 3115 Buchanan St | Wichita Falls | TX | 76308 | PC | Operating Budget | $5,000 |
| The Arc | ||||||
| 3115 Buchanan St | Wichita Falls | TX | 76308 | PC | Social Media | $2,500 |
| United Regional Foundation | ||||||
| 1600 Eleventh Street | Wichita Falls | TX | 76301 | PC | Stealth Station | $50,000 |
| United Regional Foundation | ||||||
| 1600 Eleventh Street | Wichita Falls | TX | 76301 | PC | Party on the Green | $10,000 |
| United Regional Foundation | ||||||
| 1600 Eleventh Street | Wichita Falls | TX | 76301 | PC | Heart of the Community | $10,000 |
| Vernon College - Wichita Falls | ||||||
| 4105 Maplewood Avenue | Wichita Falls | TX | 76308 | PC | New Beginnings Program | $3,500 |
| Whispers of Hope Horse Farm | ||||||
| 3545 Parkhills Road | Wichita Falls | TX | 76310 | PC | Hay | $1,000 |
| Whispers of Hope Horse Farm | ||||||
| 3545 Parkhills Road | Wichita Falls | TX | 76310 | PC | Operating Budget | $7,500 |
| Wichita Falls Adult Literacy Council | ||||||
| 2301 Kell E Blvd Suite 218 | Wichita Falls | TX | 76308 | PC | Operating Budget | $10,000 |
| Wichita Falls Alliance for Arts & Culture | ||||||
| 1005 9th St 102 | Wichita Falls | TX | 76301 | PC | Operating Budget | $15,000 |
| Wichita Falls Area Community Foundation | ||||||
| 807 8th Street 2nd Floor | Wichita Falls | TX | 76301 | PC | Endowment | $83,333 |
| Wichita Falls Area Food Bank | ||||||
| 1230 Midwestern Parkway | Wichita Falls | TX | 76302 | PC | Good Buy Hunger | $25,000 |
| Wichita Falls Ballet Theatre | ||||||
| 1501 Midwestern Pkwy 116 | Wichita Falls | TX | 76302 | PC | Operating Budget | $10,000 |
| Wichita Falls Symphony Orchestra | ||||||
| 1300 Lamar Street | Wichita Falls | TX | 76301 | PC | Sponsorship | $15,000 |
| Wichita Falls Youth Symphony | ||||||
| 1300 Lamar Street | Wichita Falls | TX | 76301 | PC | Orchestral Program | $5,200 |
| Wild Bird Rescue Inc | ||||||
| 4611 Lake Shore Dr | Wichita Falls | TX | 76310 | PC | Operating Budget | $10,000 |
| YMCA | ||||||
| 1010 9th St | Wichita Falls | TX | 76301 | PC | McCoy Aquatics Center | $333,334 |
| Zavala Hispanic Cultural Initiative | ||||||
| PO Box 373 | Wichita Falls | TX | 76307 | PC | Operating Budget | $9,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,400,867 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $303,487 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $6,374 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $909,306 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,219,167 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,219,167 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $43,000 | Amt |
| Net Investment Income | $26,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $26,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Federal Home Loan Bank 4.000% 11/12/30 | $100,000 | $100,085 |
| Federal Home Loan Mortgage Corp. 3.500% 6/1/35 | $29,658 | $27,871 |
| Federal Home Loan Mortgage Corp. 3.500% 10/1/52 | $115,667 | $117,558 |
| Federal Home Loan Mortgage Corp. 3.000% 5/1/52 | $100,184 | $98,758 |
| Federal National Mortgage Association 3.500% 2/1/27 | $690 | $678 |
| Federal National Mortgage Association 2.000% 11/1/40 | $114,810 | $97,670 |
| Federal National Mortgage Association 3.500% 11/01/45 | $29,964 | $27,710 |
| Federal National Mortgage Association 4.000% 5/1/47 | $12,412 | $11,496 |
| Federal National Mortgage Association 2.000% 8/1/50 | $117,423 | $92,521 |
| Federal National Mortgage Association 2.500% 5/1/50 | $64,905 | $52,338 |
| Federal National Mortgage Association 2.000% 12/1/40 | $29,712 | $25,562 |
| Federal National Mortgage Association 1.500% 10/1/36 | $63,744 | $57,034 |
| Federal National Mortgage Association 3.500% 4/1/52 | $93,180 | $92,783 |
| Federal National Mortgage Association 3.000% 5/1/52 | $102,014 | $102,090 |
| Federal National Mortgage Association 3.000% 7/1/50 | $117,862 | $108,978 |
| Federal National Mortgage Association 3.500% 8/1/52 | $122,622 | $123,751 |
| GMCAR 4.820% 8/16/27 | $14,266 | $14,348 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (47 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Abbott Labs | $33,335 | $62,645 |
| Abbvie, Inc. | $143,977 | $207,012 |
| Abrdbn Bloomberg All Cmdty | $250,869 | $226,565 |
| Air Products & Chemicals | $107,401 | $91,644 |
| Alphabet, Inc. | $177,823 | $672,324 |
| Amazon | $57,815 | $456,100 |
| Amgen Inc Com | $123,177 | $136,488 |
| Apple, Inc. | $10,239 | $636,696 |
| Autozone Inc | $88,833 | $108,528 |
| Berkshire Hathaway, Inc. | $111,768 | $471,486 |
| Broadcom Inc. | $37,866 | $619,865 |
| Caterpillar Inc. | $21,966 | $81,920 |
| Chevron Corp. | $120,426 | $141,741 |
| Costco Wholesale Corp. | $104,907 | $160,395 |
| Disney Walt Co | $101,478 | $127,991 |
| ExxonMobil | $3,882 | $180,510 |
| General Electric | $91,489 | $93,333 |
| GS Activebeta US Small Cap | $612,640 | $605,040 |
| Goldman Sachs Em Mkts Equity | $246,262 | $250,927 |
| Goldman Sachs Intl Equity | $489,315 | $514,593 |
| Goldman Sachs ETF Trust NASDAQ | $502,911 | $522,303 |
| Home Depot, Inc. | $39,817 | $100,477 |
| Johnson & Johnson | $150,570 | $304,217 |
| JP Morgan Chase | $19,312 | $182,699 |
| KLA-Tencor Corp | $79,896 | $150,670 |
| Kroger Co. | $92,710 | $87,659 |
| Labcorp Holdings Inc | $105,872 | $123,935 |
| Lilly Eli & Co. | $87,053 | $105,319 |
| Linde PLC | $165,360 | $168,424 |
| Lockheed Martin | $133,960 | $172,670 |
| McDonalds | $31,585 | $286,681 |
| Medtronic PLC, Dublin | $38,225 | $44,572 |
| Meta Platforms, Inc | $121,789 | $121,457 |
| Microsoft | $33,613 | $612,263 |
| Nextera Energy, Inc. | $123,804 | $120,661 |
| Nvidia Corp. | $36,862 | $559,500 |
| Pepsico | $567 | $143,520 |
| Palantir Technologies, Inc. | $146,948 | $146,822 |
| Procter & Gamble | $24,001 | $56,321 |
| Stryker Corp. | $129,001 | $143,400 |
| Texas Instruments | $2,828 | $294,933 |
| Union Pacific Corp. | $25,087 | $21,281 |
| Unitedhealth Group | $11,131 | $62,391 |
| Visa, Inc. | $44,687 | $394,549 |
| Valero Energy Corp. | $99,485 | $95,721 |
| Verizon Communications | $84,978 | $86,185 |
| Walmart Stores, Inc. | $107,346 | $214,241 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prior year correction | Desc |
| Amt | $1,060 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Mineral Fees | $420 | $420 | $0 |
| Office Expense | $161 | $161 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Gross oil & gas royalties | Desc |
| Revenue And Expenses Per Books | $6,374 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $6,374 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,374 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Fees | CategoryTxt |
| Amt | $48,492 | Amt |
| Net Investment Income | $48,492 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Tax | $14,811 | $0 | $0 |
| Foreign Tax | $3,216 | $3,216 | $0 |
| Severance Tax - Royalties | $319 | $319 | $0 |